INFN's management continues to execute very well, a solid quarter all around.

In retrospect, I should've bet with Fallon's outlook given in the last CC - IIRC, he was more positive with things going forward than I remember him ever being. And it would be very out of character for him to make statements that he wasn't sure he could back up - a way to bring into doubt years of building his credibility by being conservative about predictive statements. Perhaps I get some cover for not being a fool because I can't recall whether he was specific to this quarter's prediction, or whether he was talking on a more long-term basis, given that it was  the Transmode acquisition was either already announced or known internally to be basically a done deal. Goldman Sachs now look like complete dopes to lower them to 'sell' in early September, but then Sachs has just agreed to pay a $15mln SEC fine for one of their guys misbehaving again. Insiginificant fine, altho I think they did need to admit wrongdoing as part of the deal, rather than the usual 'we didn't do anything wrong, but will pay the fine to get this behind us'. Still, as a deterrant to future misdeeds, it's meaningless.

Will be nice to see the analyst notes and recs that come in reaction to the CC.

I am very pleased with INFN. Holding 4k currently and don't see a reason to unload below 20. I expect it to see mid or high 20's over the next year as I expect the execution to continue.